Trade deficit again in rising raw material prices… Import> Export

April trade balance has been in the red for two months. Raw material prices are excellent. Exports were the highest in April.

The Ministry of Trade, Industry and Energy announced on the 1st that exports were tentatively aggregated to $ 57.9 billion, up 12.6% from the same period last year. It has increased for a year and six months.

By April this year, the cumulative exports amounted to $ 230.6 billion. For the first time, it exceeded $ 200 billion.

In April, the average daily exports amounted to $ 2.45 billion, up 15% from $ 2.13 billion in April last year.

Among the 15 items, 13 items were increased, except for auto parts and ships. Petroleum products exported 68.8% from a year ago. Exports of computers (56.4%), display (21.8%), semiconductors (15.8%), biohealth (14.2%), and secondary batteries (11.7%) also showed double -digit growth. Exports such as semiconductors (22 months), petrochemicals and steel (16 months), general machinery, petroleum products, computers (14 months), and displays (13 months) have increased for more than a year. Ship exports fell 16.6% and auto parts fell 4.8%.

Exports to six of the nine regions increased. Southeast Asia's exports surged 37.3% from a year ago. The export to the United States (26.4%), Middle and South America (17.9%) and India (13.9%) also increased. The exports of the CIS, including Russia and Ukraine, fell 46.5%. This is because Russia has invaded Ukraine. China and the Middle East exports also decreased 3.4% and 2.7%, respectively.

The import amount in April is $ 60.5 billion, up 18.6% from a year ago. Since June last year, exports are stronger than exports. The energy price has risen. The three major energy imports of crude oil, gas, and coal were $ 14.8 billion, up $ 7.9 billion from a year ago. Agricultural products were imported $ 2.4 billion.

The April trade balance is $ 2.66 billion. It's a deficit for two months. The deficit was larger than last month ($ 140 million).

Moon Seung -wook, Minister of Industry, said, "The Ukrainian war has become longer and the new corona virus infection (Corona 19) has spread, and the Chinese city is blocked." He said, "We will focus on stably supplying core economic items," he said. "We will innovate the structure by discovering new growth items and markets and increasing digital and service trade."